Global Bicycle Crank Motor Market Research Report 2022
A crank motor also called a mid-drive motor or a central motor, is a centralized motor, which is connected to a crankshaft through interlocking gears. The gear at the bottom of the motor locks into the gear ring, which is placed on top of the crankshaft. The crank motor is connected to a battery, which in turn, is connected to an electronic control unit. The battery is concealed. A switch to start and stop the motor is routed to the control unit.
Market Analysis and Insights: Global Bicycle Crank Motor Market
Due to the COVID-19 pandemic, the global Bicycle Crank Motor market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Conventional Bikes accounting for % of the Bicycle Crank Motor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While 200W segment is altered to an % CAGR throughout this forecast period.
Growing concerns for clean energy transportation and rising traffic congestion are expected to further increase the demand for e-bikes that largely use crank motors. E-bikes are widely used in countries such as China, Europe, and North America. Due to huge increase in urban population, the number of individual commuters and freight movement in these regions have raised. Such developments have resulted in traffic congestion, contributing the popularity of e-bikes. With the increasing number of end-users and manufacturers preferring crank motors over hub motors set to witness substantial growth during the forecast period. APAC is expected to be the major revenue contributor to the bicycle crank motor market throughout the forecast period. China is the major contributor to the market due to government?s initiatives to limit motorcycles in the city to avoid traffic disruption and accidents.
Global Bicycle Crank Motor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market?s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.
Global Bicycle Crank Motor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Conventional Bikes
Electric Bikes (E-Bikes)
Segment by Application
200W
300W
400W
By Company
Bosch
Brose Antriebstechnik
Continental
Panasonic
Yamaha
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Bicycle Crank Motor Market
Due to the COVID-19 pandemic, the global Bicycle Crank Motor market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Conventional Bikes accounting for % of the Bicycle Crank Motor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While 200W segment is altered to an % CAGR throughout this forecast period.
Growing concerns for clean energy transportation and rising traffic congestion are expected to further increase the demand for e-bikes that largely use crank motors. E-bikes are widely used in countries such as China, Europe, and North America. Due to huge increase in urban population, the number of individual commuters and freight movement in these regions have raised. Such developments have resulted in traffic congestion, contributing the popularity of e-bikes. With the increasing number of end-users and manufacturers preferring crank motors over hub motors set to witness substantial growth during the forecast period. APAC is expected to be the major revenue contributor to the bicycle crank motor market throughout the forecast period. China is the major contributor to the market due to government?s initiatives to limit motorcycles in the city to avoid traffic disruption and accidents.
Global Bicycle Crank Motor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market?s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.
Global Bicycle Crank Motor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Conventional Bikes
Electric Bikes (E-Bikes)
Segment by Application
200W
300W
400W
By Company
Bosch
Brose Antriebstechnik
Continental
Panasonic
Yamaha
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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